NOT LISTED FOR SALE

503 E 1st St Cherryville, NC 28021

Estimated Value: $212,000 - $269,000

3 Beds
2 Baths
1,513 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $245,000 $162 Per Sq Ft

Current estimated payment $1,440/month

60 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Air

About This Home

As of March 2024

Listed UNDER APPRAISED value!
Step into charm with this vintage gem! This cozy 3 bed, 2 bath home, located in the heart of Cherryville, offers character at every turn! A short walk to downtown for breakfast, shopping or just getting those daily steps in!
Picture mornings in the charming breakfast nook, enjoying the sunlight streaming through those timeless wooden floors. The .48-acre lot provides just the right amount of space for outdoor fun – think BBQs, picnics and coffee on the large covered front porch!

Last Agent to Sell the Property

Andrea McLeymore

EXP Realty LLC Ballantyne Brokerage Phone: 704-689-6873 License #300946 Listed on: 12/27/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

Jacqui Spain

Real Broker, LLC License #338817

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1902

Lot Details

  • Property is zoned R1A

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,513 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • John Chavis Middle School
  • Cherryville High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 129367

Home Details

Home Type

Single Family

Year Built

Built in 1902

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1902
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 161.93
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: 704-689-6873
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1513
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Above Grade Finished Sq Ft: 1513
  • Has Basement: Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1513
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: John Chavis
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 129367
  • Zoning: R1A
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1A

MLS Schools

  • Elementary School: Unspecified
  • High School: Cherryville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Mar 22, 2024
Sold by
Mauney Mark E and Mauney Dawn B
Bought by
Owaka Ibrahim Apiyo and Wanyonyi Mary Nelima
Seller's Agent
Andrea McLeymore
EXP Realty LLC Ballantyne
Buyer's Agent
Jacqui Spain
Real Broker, LLC
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
300
Current Estimated Value
$245,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513
Avg. Annual Appreciation
-0.55%
Original Mortgage
$240,562
Outstanding Balance
$236,568
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$5,883

Purchase Details

Closed on
May 28, 1998
Sold by
Eaker John M
Bought by
Mauney Mark E and Mauney Dawn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Owaka Ibrahim Apiyo $245,000 Nh Title Group
Mauney Mark E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owaka Ibrahim Apiyo $240,562
Previous Owner Mauney Mark E $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $245,000 +2.1% $162 / Sq Ft
02/19/2024 02/19/24 For Sale $240,000 -2.0% $159 / Sq Ft
02/02/2024 02/02/24 Off Market $245,000 -- --
12/27/2023 12/27/23 For Sale $225,000 -- $149 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,112 $195,710 $10,000 $185,710
2024 $1,197 $195,710 $10,000 $185,710
2023 $1,209 $110,960 $10,000 $100,960
2022 $1,038 $78,070 $9,000 $69,070
2021 $1,054 $78,070 $9,000 $69,070
2019 $1,015 $78,070 $9,000 $69,070
2018 $718 $53,983 $9,600 $44,383
2017 $718 $53,983 $9,600 $44,383
2016 $718 $53,983 $0 $0
2014 $846 $63,575 $13,500 $50,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4096128

Canopy MLS (Canopy Realtor® Association)

APN: 129367

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